Brinker International, Inc.·Consumer Cyclical

EAT's Chili's turnaround gains traction with strong sales, rising traffic and disciplined strategy; now store upgrades and expansion aim to fuel the next phase.

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Brinker International (EAT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Allspring Global Investments Holdings LLC raised its holdings in Brinker International, Inc. (NYSE: EAT) by 7.6% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,606 shares of the restaurant operator's stock after purchasing an additional 5,665 shares during the

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Brinker International, Inc., together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. The company operates in two segments, Chili's and Maggiano's. As of June 30, 2021, it owned, operated, or franchised 1,648 restaurants comprising 1,594 restaurants under the Chili's Grill & Bar name and 54 restaurants under the Maggiano's Little Italy brand name. The company was founded in 1975 and is headquartered in Dallas, Texas.
Consumer Cyclical
Restaurants
68,852
1984-01-06
1.35